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USA Gymnastics, In re--USA Gymnastics v. Ace Am. Ins. Co.

USA Gymnastics, In re--USA Gymnastics v. Ace Am. Ins. Co.

Ruling
Debtor's general liability insurers were not obligated to pay the bankruptcy costs as part oftheir duty to defend as the bankruptcy case was not a “suit.” (Bankr. S.D. Ind.)
Issue(s)
Rights, Powers, and Duties of Debtor in Possession; Same Rights and Duties as Trustee.

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Commercial opinion summary, case decided on January 19, 2021 , LexisNexis #0221-091